2670 results returned for search: "" category "Other" author Raymond Hainey, Assistant News Editor
A luxury home owned by a prominent Bermuda businessman is up for sale with a price tag of nearly $7 million.
Spanish Grange, in Smith’s Parish, is the home of Longtail Aviation chairman Robert Mulderig, and the former home of famous English playwrigh...
DATE: Jan 07, 2014
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Nearly $10 billion in insurance-linked securities (ILS) were listed on the Bermuda Stock Exchange (BSX) at the end of 2013.
The figure represents a new record — a more than 100 percent increase in listings, up to 77 from 38 last year — with the $9.7...
DATE: Jan 03, 2014
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
The US has its own tax havens onshore — with South Dakota, dubbed the “Bermuda of the prairies”, holding more than $120 billion in trusts for wealthy Americans.
The state altered its tax laws to end the duration of a trust to the lifetime of a living...
DATE: Jan 02, 2014
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
The run-up to Christmas helped boost sales in the retail sector by 4.7 percent, the latest figures have revealed.
Shoppers spent a total of $87.7 million in November - with most of the major sectors seeing an increase in sales.
Only service stations...
DATE: Dec 30, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
The value of companies listed on the Bermuda Stock Exchange hit $438 billion by the end of September.
The total market capitalisation of the exchange (BSX), excluding funds, was $437.8 billion, up by more than $6 billion on the previous quarter.
The ...
DATE: Dec 27, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Two Bermuda sister firms have teamed up to donate an $8,150 Christmas present to three Island charities.
Insurance brokers and risk managers Marsh and risk and reinsurance specialist Guy Carpenter presented cheques to the trio of charities yesterday....
DATE: Dec 24, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
The troubled Coral Beach and Tennis Club has been taken over by US investors.
New York-based CBC 2013, a subsidiary of Three Wall Capital and ROC Group, has taken over the resort, just over a week after it came out of receivership.
Alan Kenders, CEO ...
DATE: Dec 22, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
The troubled Coral Beach and Tennis Club has been taken over by US investors, The Royal Gazette can reveal.
New York-based CBC 2013, a subsidiary of Three Wall Capital and ROC Group, has taken over the resort, just over a week after it came out of r...
DATE: Dec 22, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda’s top US diplomat yesterday denied America was using Big Brother tactics to clamp down on tax dodgers.
US Consul General Robert Settje said that the Foreign Account Tax Compliance Act (FATCA) treaty signed with Bermuda — which requires annual...
DATE: Dec 20, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda has won qualified jurisdiction status from the US National Association of Insurance Commissioners (NAIC).
The move means that reinsurers licensed and based in Bermuda will be eligible to be certified for reduced reinsurance collateral requir...
DATE: Dec 20, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
